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Which bank has lowest minimum balance?

8 Best Zero Balance Savings Account In India IDFC First Bank Pratham Savings Account. ... YES Bank Smart Salary Advantage. ... IndusInd Bank-Indus Online Savings Account. ... DBS-DigiSavings. ... Kotak Mahindra Bank-811 Digital Bank Account. ... HDFC Bank - Basic Savings Bank Deposit Account. ... SBI - Basic Savings Bank Deposit Account.

Is Canara Bank zero balance account?

The primary benefit of the Canara Bank Basic Savings Deposit Account is that it is a zero-balance savings account. With this account, there is no minimum balance requirement as with other savings accounts and there are no maintenance charges.

Is Syndicate Bank a zero balance account?

Syndicate Bank offers only two types of Savings Accounts to its customers. One is the regular Savings Account while the other one is a zero balance savings account.

What is the minimum amount for saving account?

The minimum average monthly balance requirement is Rs. 10,000 for metro cities, Rs. 5,000 for semi-urban cities and Rs. 2,500 for rural cities.

What is minimum balance in Syndicate Bank?

Syndicate Bank Savings Account Minimum Balance Requirements Type of Savings AccountAverage Monthly Balance RequirementSyndSamanya Savings AccountNo minimum balancePremium Savings AccountRs. 10, 000Special Premium Savings AccountRs. 20, 000

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Which banks has zero balance account?

Latest Interest Rate for Zero Balance Savings Account BankName of zero-balance savings accountInterest rateKotak Mahindra Bank8114% to 6%Standard Chartered BankBasic Banking Account0.5% to 4.90%HDFC BankBasic Savings Bank Deposit Account3.50% to 4%Axis BankBasic Savings Account3.50% to 4%4 more rows

How can I open account in Syndicate Bank?

Head to your nearest Syndicate bank branch, request an account opening form and fill in the details. Submit your KYC documents, and once all your details are verified, your account will be activated. Once your account is active, you can enjoy the benefits of being a Syndicate bank account holder.

What is minimum balance in Syndicate Bank?

Syndicate Bank Savings Account Minimum Balance Requirements Type of Savings AccountAverage Monthly Balance RequirementSyndSamanya Savings AccountNo minimum balancePremium Savings AccountRs. 10, 000Special Premium Savings AccountRs. 20, 000

How can I open account in Syndicate Bank?

An introduction by any of the bank's existing accountholder is required to open this account. The applicant wishing to open the account should also furnish his Permanent Account Number (PAN) or General Index Register (GIR) Number or a declaration in Form 6 or Form 61 as specified by Section 139A of the Income Tax Act.

What is the minimum balance in bank account?

What Is a Minimum Balance? For bank accounts, the minimum balance is the minimum dollar amount that a customer must have in an account to receive some service benefit, such as keeping the account open or receiving interest.

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